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Fan Coil Unit (FCU) and Packaged Terminal Air Conditioners (PTAC) Market

Fan Coil Unit (FCU) and Packaged Terminal Air Conditioners (PTAC) Market

Fan Coil Unit (FCU) and Packaged Terminal Air Conditioners (PTAC) Market Global Industry Assessment & Forecast

# Pages:


Base Year:


Nov - 2021


Report Code:


Segments Covered
  • By Product Wall Mounted Fan Coils, Horizontal Fan Coils, Vertical Fan Coils, Mini-split (ductless) system, Central (ducted) air conditioning, Others
  • By Application Residential, Commercial, Industrial buildings
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 2.8 Billion
Revenue 2028Revenue 2028: 6.5 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 12.10%
Fastest Growing Region Fastest Growing Region (2022 - 2028) North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Sr. No. Offering Report Coverage
1. Market Size In terms of Revenue (USD Million)
2. Historic Data 2015 to 2019
3. Forecast Data 2021 to 2028
4. Market Drivers, Restraints, Opportunities, & Regional Market Trends Yes
5. Market Attractiveness Analysis Yes
6. Segment Analysis Maximum Segments
7. Regional Coverage 5 Regions
8. Country Coverage Top 22 Countries
9. Competitive Landscape and Company Market Share Analysis Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles.
10. Porter’s Five Forces Analysis Yes.
11. Value Chain Analysis Yes
12. PEST Analysis Yes
13. Regulatory Landscape Yes
14. Technology Landscape Yes
15. COVID-19 Impact Analysis Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics.
16. Top startups to watch out for Yes
17. Top 3 Trends to Watch Yes
18. Top 3 Strategies Followed by Major Players Yes
19. Top 3 Predictions by Vantage Market Research Yes
20. Discussion Guide Yes
21. Key Primary Respondents - VERBATIM Yes
22. Transcripts from the Primary Respondents Additional Cost USD 1,000
23. Others/Miscellaneous
Frequently Asked Question
  • The global Fan Coil Unit (FCU) and Packaged Terminal Air Conditioners (PTAC) valued at 2.8 Billion in 2020 and is expected to reach 6.5 Billion in 2028 growing at a CAGR of 12.10%%.

  • The prominent players in the market are Lennox International, Whirlpool, Ingersoll Rand(Trane), Panasonic, Haier, Johnson Controls(York), Gree, AERMEC, Samsung Electronics, AeroVentic, Carrier, Daikin(McQuay), Neptune Air Conditioning, LG Electronics, United Technologies..

  • The market is project to grow at a CAGR of 12.10%% between 2021 and 2028.

  • The driving factors of the Fan Coil Unit (FCU) and Packaged Terminal Air Conditioners (PTAC) include

    • Increasing demand for renewable energy due to high power consumption and a growing focus on reducing carbon emission creates a huge demand for the market.
    • Reduction in renewable power generation costs coupled with growing subsidies has expanded the market growth during the forecast period.

  • North America was the leading regional segment of the Fan Coil Unit (FCU) and Packaged Terminal Air Conditioners (PTAC) in 2020.